Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.
The top investor data is provided from their latest 13F’s (dated 2018-6-30). This week we’ll take a look at:
Bed Bath & Beyond Inc. (NASDAQ: BBBY)
Bed Bath & Beyond is a premier home furnishings retailer, operating more than 1,550 stores in all 50 states, Puerto Rico, Canada, and Mexico. Stores carry an assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies. In addition to 1,017 Bed Bath & Beyond stores, the firm operates 279 Cost Plus stores, 121 buybuy Baby stores, 83 Christmas Tree Shops andThat Stores (gifts/housewares), 57 Harmon Face Values stores (health/beauty care), linens/textile wholesaler Linen Holdings, and online retailers OneKingsLane, Personalizationmall and Ofakind.
A quick look at the price chart below for Bed Bath & Beyond shows us that the stock is down 34% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 4.50 which means that it remains undervalued.
(SOURCE: GOOGLE FINANCE)
Superinvestors who currently hold positions in Bed Bath & Beyond include:
Joel Greenblatt – 881,542 total shares
Ray Dalio – 746,019 total shares
Ken Griffin – 513,567 total shares
Cliff Asness – 140,478 total shares
Mario Gabelli – 74,000 total shares
Jim Simons – 71,558 total shares
Richard Snow – 12,000 total shares
David Dreman – 10,587 total shares
More About The All Investable Stock Screener (CAGR 25%)
From January 2, 1999 to November 29, 2017, the All Investable Stock Screener generated a total return of 6,765 percent, or a compound growth rate (CAGR) of 25.0 percent per year. This compared favorably with the Russell 3000 TR, which returned a cumulative total of 321 percent, or 6.4 percent compound.
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